Abu Dhabi Commercial Bank ADCB – Doctor’s Loan
Up to 750,000
Type of Loan -No Salary Transfer
Up to EGP 7500,000.
Competitive Interest Rate
Free life insurance.
- ADCB Doctor’s Loan is available for physicians and doctors in all specialities
- Minimum age: 21 years old and maximum age: 60 years old
- ADCB available for Egyptians only
- Free life insurance during the loan period
- No proof of income required
- Interest rates are between 18% and 20% depending on the program
- A copy of valid national ID
- Operating license
- Recent utility bill
- Valid Syndicate membership card
Fees & Charges
- 2% fees on past due instalments
- 1% administrative fees for individuals and 0.5% for excellency clients
- Early Settlement Fees: 5% on outstanding balance
- Installment Postponement fees: EGP 300
This is a representative example of what an EGP 100,000 loan might cost: an 18% APR Representative based on the 4-year loan option, then the monthly instalment would be EGP 2,938. Total amount payable would be EGP 141,000.